SteelOrbis Shanghai
China has constructed 1,203 km, or more than 90 percent, of the Beijing-Shanghai high-speed railway since the project kicked off in April, involving an investment of RMB 53.5 billion ($7.8 billion).
The Beijing-Shanghai high-speed railway costs a total of RMB 220.9 billion ($32.3 billion), the largest investment among all the construction projects since the foundation of the PRC. For the purpose of enhancing the line stability and reducing the land occupation, bridges will account for more than 80 percent of the total track length, and the major key points include bridges over the Yangtze River and Yellow River. According to the preliminary calculation, this project will use 27 million mt of cement, 4.7 million mt of steel, and 376,000 mt of steel rail.
In China, railway is the infrastructure in emergent need of development. Therefore, a sound and rapid construction of railway is beneficial to directly stimulating investment and domestic consumption as well as promoting economic growth.